The DOI matches its Crossref record; 48 of the 48 references it cites were found in a registry or an index.
A simple approximation of intraday spreads using daily data
Open accessOverview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Illiquidity and stock returns: cross-section and time-series effects
Amihud, Y. (2002) · Journal of Financial Markets · doi:10.1016/s1386-4181(01)00024-6 · Cited by 9,963
Liquidity Risk and Expected Stock Returns
Pástor, Ľ., & Stambaugh, R. F. (2003) · Journal of Political Economy · doi:10.1086/374184 · Cited by 5,339
Asset pricing and the bid-ask spread
Amihud, Y., & Mendelson, H. (1986) · Journal of Financial Economics · doi:10.1016/0304-405x(86)90065-6 · Cited by 5,090
Inferring Trade Direction from Intraday Data
LEE, C. M. C., & READY, M. J. (1991) · The Journal of Finance · doi:10.1111/j.1540-6261.1991.tb02683.x · Cited by 3,147
A Simple Implicit Measure of the Effective Bid‐Ask Spread in an Efficient Market
ROLL, R. (1984) · The Journal of Finance · doi:10.1111/j.1540-6261.1984.tb03897.x · Cited by 2,747
The Economic Consequences of Increased Disclosure
Leuz, C., & Verrecchia, R. E. (2000) · Journal of Accounting Research · doi:10.2307/2672910 · Cited by 2,370
The Economic Consequences of Increased Disclosure
Leuz, C., & Verrecchia, R. E. (1999) · SSRN Electronic Journal · doi:10.2139/ssrn.171975 · Cited by 2,101
Stock Performance and Intermediation Changes Surrounding Sustained Increases in Disclosure*
HEALY, P. M., HUTTON, A. P., & PALEPU, K. G. (1999) · Contemporary Accounting Research · doi:10.1111/j.1911-3846.1999.tb00592.x · Cited by 1,880
Market liquidity and volume around earnings announcements
Kim, O., & Verrecchia, R. E. (1994) · Journal of Accounting and Economics · doi:10.1016/0165-4101(94)90004-3 · Cited by 1,779
Do liquidity measures measure liquidity?☆
Goyenko, R. Y., Holden, C. W., & Trzcinka, C. A. (2009) · Journal of Financial Economics · doi:10.1016/j.jfineco.2008.06.002 · Cited by 1,420
Cited by
Disclosure processing costs, investors’ information choice, and equity market outcomes: A review
Blankespoor, E., deHaan, E., & Marinovic, I. (2020) · Journal of Accounting and Economics · doi:10.1016/j.jacceco.2020.101344 · Cited by 1,076
Dissecting Characteristics Nonparametrically
Freyberger, J., Neuhierl, A., & Weber, M. (2020) · The Review of Financial Studies · doi:10.1093/rfs/hhz123 · Cited by 619
Hoi, C. K., Wu, Q., & Zhang, H. (2019) · Journal of Financial Economics · doi:10.1016/j.jfineco.2019.02.009 · Cited by 322
Self-citationThe BP Oil Spill: Shareholder Wealth Effects and Environmental Disclosures
Heflin, F., & Wallace, D. (2017) · Journal of Business Finance & Accounting · doi:10.1111/jbfa.12244 · Cited by 116
Metadata
- Authors
- Chung, K. H., & Zhang, H.
- Venue
- Journal of Financial Markets
- Publisher
- Elsevier BV
- Published
- 2014-01
- Volume
- 17
- Pages
- 94-120
- ISSN
- 1386-4181 (ISSN-L)
- OpenAlex
- W3123539130
- Cited by
- 339
- References
- 48
- FWCI
- 32.57
- Type
- journal article
- Language
- en
- Open access
- green
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: A simple approximation of intraday spreads using daily data. https://app.cochat.ai/papers/10.1016/j.finmar.2013.02.004
- The paper
- Chung, K. H., & Zhang, H. (2014). A simple approximation of intraday spreads using daily data. Journal of Financial Markets. https://doi.org/10.1016/j.finmar.2013.02.004
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
